Gallatin Senior Citizens Center Inc

Analysis

Gallatin Senior Citizens Center Inc is a registered charity in United States, based in Gallatin, TN. It received its IRS tax-exemption ruling in January 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Gallatin Senior Citizens Center Inc reported income of $163k and spending of $91k, leaving 44% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $128k to $163k (+27%), an average of +4.9% a year. The sharpest change came in the year to June 2022, when income rose by 76%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gallatin Senior Citizens Center Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within TN. Charities of a similar size with the same main cause include New Beginnings Family Resource Center ($163k), Solid Ground International ($163k) and Vigilant Torch Foundation ($163k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $42k. At year end it held assets of $322k against liabilities of $5,155, net assets of $317k. It reported 2 employees.